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Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

2013 Ford Fiesta 1.0 EcoBoost to launch in U.S.

The 2013 Ford Fiesta with the 1.0 litre EcoBoost engine is to launch in the U.S. in the New Year after a debut at the Los Angeles Auto Show. Ford is launching the 2013 Fiesta facelift – complete with its new Aston Martin grill – in the U.S.

Jaguar C-X16 ‘production concept’ car revealed ahead of Frankfurt

Jaguar C-X16 - the new Jaguar XE We’ve been running stories on Jaguar’s spiritual successor to the E-Type – the Jaguar XE – for what seems like an eternity. Now, finally, the reality starts to catch up with the expectation  with the release of a single sketch of the  Jaguar C-X16 ‘production concept’ car. The C-X16 Production Car is, according to Jaguar, a first look at the production concept which will make its global debut at the Frankfurt Motor Show.